Ethics & Trust in Finance Prize - the competition is now open

ACCA (the Association of Chartered Certified Accountants) supports the 7th Global Competition of the Ethics and Trust in Finance award

• Deadline to submit applications is 30 June 2019 

• Those aged 35 or under encouraged to apply to share their innovative ideas on ethics, responsibility and trust in financial activities  

• Applications can be made online : http://www.ethicsinfinance.org/

The Ethics & Trust in Finance Prize – formerly ‘Ethics in Finance – Robin Cosgrove Prize’  – promotes greater awareness among young people throughout the world concerning the benefits of ethics in finance. It aims to encourage high-quality management of banking, insurance and financial services based on trust and integrity. Launched in 2006 and now in its 7th edition, this global competition for innovative ideas on ethics, responsibility and trust in financial activities is open to young people, aged 35 years or younger, from throughout the world – professionals as well as young academics.

The competition invites creative papers setting out analyses or proposals for innovative ways to promote ethics and trust in finance. The Jury allocates the prize money of USD 20,000 among the winners.

The Prize today is well recognised and highly respected. To date, in its global edition, the Prize has awarded 22 distinctions to outstanding authors coming from all continents. In 2015, the International Monetary Fund (IMF), co-hosted the award ceremony for the 5th edition (2014/2015) of the global Ethics in Finance Prize. The Ceremony took place at the IMF headquarters in Washington, USA, at a special event on the 21st September 2015. Ms. Christine Lagarde, Managing Director of the International Monetary Fund, gave a keynote address and congratulated the Prize laureates.

In January 2018, the award ceremony of the 6th edition(2016/2017) was hosted by the Banque de France at its headquatrters in Paris. The Governor of Banque de France, Mr. François ViIlleroy de Galhau and Mr. Angel Gurria, the Secretary-General of OECD, gave keynote addresses and congratulated the winners. The 7the edition (2018/2019) was launched on 18th of September 2018 at OECD headquarters in Paris.

CFA, Euroclear, Swift/Swift Institute  and ACCA are actively supporting the Prize and promoting it to their members, their staff and to the wider financial services audience and corresponding academic institutions. Many other financial organisations across the world are promoting awareness of the Prize to their stakeholders and their younger staff.

Since its inception, nearly one thousand individuals have expressed interest in submitting a paper for the Prize from over 80 countries. Final submissions considered by the global Jury have been in excess of 300.

The deadline for handing in the final paper for the 7th edition is set to 30 of June 2019.

For media enquiries, contact:

Cécile Bonino, Head of EU Affairs
+32(0) 2 286 11 37 cecile.bonino-liti@accaglobal.com

Notes to Editors

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 208,000 members and 503,000 students in 179 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,300 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.

ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com